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TAG Oil (TAG Oil) EV-to-EBIT

: -9.08 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, TAG Oil's Enterprise Value is $57.99 Mil. TAG Oil's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-6.39 Mil. Therefore, TAG Oil's EV-to-EBIT for today is -9.08.

The historical rank and industry rank for TAG Oil's EV-to-EBIT or its related term are showing as below:

TAOIF' s EV-to-EBIT Range Over the Past 10 Years
Min: -100.18   Med: 1.49   Max: 47.07
Current: -9.08

During the past 13 years, the highest EV-to-EBIT of TAG Oil was 47.07. The lowest was -100.18. And the median was 1.49.

TAOIF's EV-to-EBIT is ranked worse than
100% of 735 companies
in the Oil & Gas industry
Industry Median: 8.47 vs TAOIF: -9.08

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. TAG Oil's Enterprise Value for the quarter that ended in Sep. 2023 was $59.19 Mil. TAG Oil's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-6.39 Mil. TAG Oil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -10.79%.


TAG Oil EV-to-EBIT Historical Data

The historical data trend for TAG Oil's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TAG Oil Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.47 -1.74 -0.81 -3.31 -10.49

TAG Oil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.00 -13.91 -10.49 -12.31 -9.66

Competitive Comparison

For the Oil & Gas E&P subindustry, TAG Oil's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TAG Oil EV-to-EBIT Distribution

For the Oil & Gas industry and Energy sector, TAG Oil's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TAG Oil's EV-to-EBIT falls into.



TAG Oil EV-to-EBIT Calculation

TAG Oil's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=57.993/-6.387
=-9.08

TAG Oil's current Enterprise Value is $57.99 Mil.
TAG Oil's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.39 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TAG Oil  (OTCPK:TAOIF) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

TAG Oil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-6.387/59.1854346
=-10.79 %

TAG Oil's Enterprise Value for the quarter that ended in Sep. 2023 was $59.19 Mil.
TAG Oil's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.39 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TAG Oil EV-to-EBIT Related Terms

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TAG Oil (TAG Oil) Business Description

Traded in Other Exchanges
Address
1710 - 1050 West Pender Street, Suite 2040, Vancouver, BC, CAN, V6E 3S7
TAG Oil Ltd is a Canada-based oil and gas exploration, development, and production company. It operates through three geographical segments namely Canada, New Zealand, and Australia. Geographically, the firm generates a majority of its revenue from New Zealand.